News Details
Stroll lines up ‘£200m' Aston Martin F1 investment
Racing Point owner Lawrence Stroll will invest £200m into his F1 team, set to become Aston Martin, over the next five years. Stroll, who heads a consortium which bought the team back in 2018, led the group of investors to buy a 25% stake in British sportscar manufacturer Aston Martin earlier this year. As part of the deal, Stroll will rebrand his Racing Point team to be known as Aston Martin from 2021. Aston Martin Lagonda will officially be the title sponsor of the team, but documents produced by Racing Point show significant investment is on its way. As reported by thisismoney.co.uk, On February 17, Racing Point voted to ‘to allot ordinary shares… in the company up to a...
Full Story »
Full Story »
5y ago from PlanetF1.com
0
You May Also Be Interested In...
'Vettel can be a great asset to Stroll's plans with...
As of next season, Racing Point will go through life as the Aston Martin...
5y ago from GPBlog.com
Lance Stroll signed up for 2021 - Szafnauer
May 18 Lance Stroll is already signed up to remain at Racing Point - to...
5y ago from OneStopStrategy.com
Szafnauer confident Stroll can now race among top-10
Racing Point team boss Otmar Szafnauer believes the performance of the...
5y ago from F1i.com
Vettel has one option less: Aston Martin sticks to...
There were rumours that Sebastian Vettel could leave for Aston Martin in...
5y ago from GPBlog.com
Elsewhere On The Network
Popular On MGPToday.com
Trackhouse announces Davide Brivio’s exit ahead of...
No description available...
1h ago from Motorsport.com
Joan Mir makes Honda exit decision after receiving...
No description available...
2h ago from Motorsport.com
Jorge Martin explains four crashes in two days at...
No description available...
2h ago from Motorsport.com
Valentino Rossi asks Ducati “to put in the same...
No description available...
1h ago from Motorsport.com
Popular On IndyCarToday.com
Weather delays Indy 500 qualifying
Qualifying for the 110th running on the Indianapolis 500 has been delayed...
3h ago from MotorsportWeek.c...
One year later: The scandal that changed Team Penske...
No description available...
2h ago from Motorsport.com
Felix Rosenqvist smashes 233mph barrier as Indy 500...
No description available...
19h ago from Motorsport.com
Popular On TotalWRC.com
Why returning to the WRC podium was so important for...
No description available...
3d ago from Motorsport.com
How Sebastien Ogier’s near-perfect Rally Portugal...
No description available...
6d ago from Motorsport.com
WRC Portugal: Thierry Neuville inherits lead as...
No description available...
6d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal and Liverpool enter fierce battle for...
Jobe Bellingham has been linked with the move away from Borussia Dortmund...
2h ago from CaughtOffside.com
Report: Liverpool rival Arsenal & Man United for...
Liverpool are reportedly one of the clubs interested in the potential...
4h ago from CaughtOffside.com
Arsenal vs Burnley Prediction and Betting Tips | May...
Arsenal can move a step closer to clinching the Premier League title when...
4h ago from SportsKeeda.com
Supercomputer data shows that even Arsenal can't mess...
Arsenal have it all in their own hands and really couldn't have asked for...
7h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Max Verstappen hits Nurburgring barrier,...
Max Verstappen made an eventual start to the... Read More »
1h ago from GPFans.com
Max Verstappen hits barrier in battle for Nurburgring 24...
Max Verstappen endured a heartstopping moment... Read More »
1h ago from GPFans.com
Max Verstappen live onboard at the Nurburgring 24 Hours as...
Max Verstappen is bidding for glory at the... Read More »
3h ago from GPFans.com
